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Kanani Industries consolidated net profit rises 661.54% in the March 2022 quarter

4 May 2022 , 06:15 PM

Net profit of Kanani Industries rose 661.54% to Rs 0.99 crore in the quarter ended March 2022 as against Rs 0.13 crore during the previous quarter ended March 2021. Sales declined 51.45% to Rs 42.55 crore in the quarter ended March 2022 as against Rs 87.64 crore during the previous quarter ended March 2021.

For the full year,net profit rose 311.36% to Rs 1.81 crore in the year ended March 2022 as against Rs 0.44 crore during the previous year ended March 2021. Sales declined 6.69% to Rs 290.73 crore in the year ended March 2022 as against Rs 311.58 crore during the previous year ended March 2021.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 42.55 87.64 -51 290.73 311.58 -7
OPM % 1.34 0.09 0.59 0.28
PBDT 1.14 0.17 571 2.10 0.64 228
PBT 1.12 0.15 647 2.01 0.54 272
NP 0.99 0.13 662 1.81 0.44 311

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